The Alphaliner top-30 has seen many changes in positions 11 to 30 over the past 12 months. Capacity changes for these medium-sized carriers ranged from -34.6% for China United Lines (CULines) to +55.3% for Emirates Shipping Line.
These capacity changes only had a modest effect on the overall global picture. This week’s capacity count of the ten largest carriers in the world shows that they represent 83.7% of the total global container fleet.
The combined share of the companies ranked 11 to 30 only represent 9.4% of the world container fleet. These operators have not gained market share as their combined growth since Jan 2022 stands at only 2.1%, which is about half the growth registered by the overall fleet.
It does not come as a surprise that smaller carriers, which ventured into the East West trades when these were booming during the COVID-19 pandemic, have been the worst hit by the collapse in cargo demand from China to Europe and North America.